Unilever plc’s “Outperform” Rating Reaffirmed at Sanford C. Bernstein (ULVR)
Unilever plc (LON:ULVR)‘s stock had its “outperform” rating reiterated by equities research analysts at Sanford C. Bernstein in a research note issued to investors on Tuesday. They currently have a GBX 3,050 ($52.12) price target on the stock. Sanford C. Bernstein’s price objective indicates a potential upside of 15.44% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura reiterated a “reduce” rating on shares of Unilever plc in a research note on Monday. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Unilever plc in a research note on Thursday, July 17th. Finally, analysts at Oriel Securities Ltd upgraded shares of Unilever plc to a “reduce” rating in a research note on Wednesday, July 16th. They now have a GBX 2,600 ($44.43) price target on the stock, down previously from GBX 2,800 ($47.85). Six equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 2,569.18 ($43.90).
Shares of Unilever plc (LON:ULVR) traded up 1.74% on Tuesday, hitting GBX 2688.00. 2,613,587 shares of the company’s stock traded hands. Unilever plc has a 52 week low of GBX 2292.00 and a 52 week high of GBX 2767.00. The stock has a 50-day moving average of GBX 2659.06 and a 200-day moving average of GBX 2543.. The company’s market cap is £76.339 billion.
Unilever PLC (LON:ULVR) is a supplier of fast moving consumer goods.
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